China welcomes US companies after Trump orders them to leave

Vice Premier Liu He's comments at expo follow new round of tariff hikes

20190826 CHINA SHANGHAI INTEL

Intel Vice President Dan McNamara praised the company's Chinese partners at a conference in Chongqing on Monday, after Vice Premier Liu He said that "technology development shall not be limited by boundaries." © AP

SHUNSUKE TABETA and COCO LIU, Nikkei staff writers

CHONGQING -- China said it welcomes U.S. companies to take full advantage of the country's high-tech boom, following U.S. President Donald Trump's recent tweet ordering American companies to leave China amid an escalating trade war between the world's two largest economies.

"Technology development shall not be limited by boundaries," Liu He, Chinese vice premier and Beijing's key trade negotiator, said on Monday at the Smart China Expo in Chongqing.

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